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Lira Rises as Turkey’s Akar Keeps Open Solution to Missile Spat

An S-400 missile defense system at the Murdet Turkish Air Force base in Ankara, Turkey.

An S-400 missile defense system at the Murdet Turkish Air Force base in Ankara, Turkey.

Photographer: Getty Images/Getty Images Europe

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The lira rallied to its strongest level since mid-May after Turkey’s top defense official didn’t rule out progress toward resolving a clash with the U.S. over Ankara’s purchase of Russian missile defenses.